meta taps polygon to build nft platform for instagram facebook

Polygon has been hired by Meta to create a new social media platform for Instagram and Facebook.

Polygon has teamed up with Meta to establish an Instagram and Facebook NFT platform. Polygon’s ecosystem will be exposed to Meta’s aggregate 2.9 billion users as a result of the cooperation.

There will be no charges for sharing or uploading a digital collectable on Instagram. Limited testing of NFTs is happening on Instagram, with “similar capabilities” coming to Facebook “soon.” Instagram users will be able to link their digital wallets, share digital treasures, and tag creators and collectors in their photos automatically.

NFTs will very certainly be integrated into Instagram as regular postings in your feed. NFT sales on their marketplace may be enabled with the incorporation of web3 technology into the Meta tech stack.

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